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...effort to shore up investor protection while reducing risk - has attracted growing criticism. London-based AIMA, a global hedge-fund industry group, calls proposed disclosure requirements bureaucratic. Kinetic Partners, a consultancy for the U.K. hedge-fund industry, reckons meeting stricter capital requirements and risk-management rules could cost British funds as much as $5 billion. For those outside the E.U., though, the proposals are just as stern. Managers or funds elsewhere in the world that don't meet equivalent regulatory standards will be barred from touting to European investors. "Basically," says Julian Korek, founding member of Kinetic, the region "becomes...

Author: /time Magazine | Title: Should Hedge Funds Face Harsher Regulation? | 7/8/2009 | See Source »

...have discovered loopholes in the ethics reform that I championed that allows them to continually, continually bombard the state with frivolous ethics-violation charges, with lawsuits, with these fishing expeditions. We win the lawsuits, we win the ethics charges, we win all that - but it comes at such great cost. The distraction, the waste of time and money, the public's time and money - it's insane to continue down this road. And Alaskans who have paid attention to what's going on, they understand that. (Read "How Sarah Palin Mastered Politics...

Author: /time Magazine | Title: TIME's Interview with Sarah Palin: 'It's All for Alaska' | 7/8/2009 | See Source »

...there's been some frustration with some in the media not fully reporting what's been going on, so this may come as a shock to some Alaskans. We have sat down with reporters, showed them proof of the frivolity, the wastefulness - you know, millions of dollars this is costing our state to fight frivolous charges. And countless, countless hours from my staff, our department of law, from me every single day just trying to set the record straight. And it doesn't cost the adversaries a dime in this game. It costs our state so much in time...

Author: /time Magazine | Title: TIME's Interview with Sarah Palin: 'It's All for Alaska' | 7/8/2009 | See Source »

...speech and that invitation to constructively criticize a public servant is a lot different than the allowance to lie, to continually falsely accuse a public servant when they have proven over and over again that they have not done what the accuser is saying they did. It doesn't cost them a dime to continue to accuse. That's a whole different situation. But that's why when I talk about the political potshots that I take or my family takes, we can handle that. I can handle that. I expect it. But there has to be opportunity provided...

Author: /time Magazine | Title: TIME's Interview with Sarah Palin: 'It's All for Alaska' | 7/8/2009 | See Source »

...that. I mean, literally, I do. The first day back from the campaign trail, I met with reporters in my office who kind of bombarded me there in the lobby of the office. I answered their questions and I got hit with an ethics complaint, and it cost a lot of money to fight things like that, and that's ridiculous. But I'd like to work for other people who'd like to effect change, and Alaska's going to play a big part in the effectiveness of America. As our country progresses with energy independence and Alaska...

Author: /time Magazine | Title: TIME's Interview with Sarah Palin: 'It's All for Alaska' | 7/8/2009 | See Source »

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